This topic contains a solution. Click here to go to the answer

Author Question: To plan the budget for next year a college needs to estimate what impact the current economic ... (Read 723 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866

Question 1

A researcher investigating whether joggers are less likely to get colds than people who do not jog found a P-value of 3%. This means that:
◦ There's a 3% chance that joggers get fewer colds.
◦ Joggers get 3% fewer colds than non-joggers.
◦ There's a 3% chance that joggers don't get fewer colds.
◦ None of these.
◦ 3% of joggers get colds.

Question 2

To plan the budget for next year a college needs to estimate what impact the current economic downturn might have on student requests for financial aid. Historically, this college has provided aid to 35% of its students. Officials look at a random sample of this year's applications to see what proportion indicate a need for financial aid. Based on these data they create a 90% confidence interval of (32%, 40%). Could this interval be used to test the hypothesis H0: p = 0.35 versus HA: p ≠ 0.35 at the α = 0.10 level of significance?
◦ Yes; since 35% is in the confidence interval they accept the null hypothesis, concluding that the percentage of students requiring financial aid will stay the same.
◦ Yes; since 35% is in the confidence interval they fail to reject the null hypothesis, concluding that there is not strong evidence of any change in financial aid requests.
◦ No, because they only used a sample of the applicants instead of all of them.
◦ Yes; since 35% is not at the center of the confidence interval they reject the null hypothesis, concluding that the percentage of students requiring aid will increase.
◦ No, because financial aid amounts may not be normally distributed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mr. Wonderful on Aug 30, 2019

morganmarie791

  • Sr. Member
  • ****
  • Posts: 336
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly






 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library